US EditionJPMorgan Warns: Stagflation Threatens U.S. Stock Rally - Wall Street Pit
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JPMorgan Warns: Stagflation Threatens U.S. Stock Rally - Wall Street Pit
JPMorgan Chase & Co. (JPM) strategists predict a potential "stagflationary episode" for the S&P 500 (SPX), citing higher prices, weaker U.S. economic growth, and ongoing trade tensions, despite its 6% gain in May, the best since 2023, per a Bloomberg report. While JPMorgan favors international stocks, particularly in emerging markets…
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